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20120929
20121007
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KRCB (PBS) 5
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Search Results 0 to 4 of about 5 (some duplicates have been removed)
PBS
Oct 4, 2012 4:30pm PDT
>> this is nbr. captioning sponsored by wpbt >> tom: i'm tom hudson. president obama and mitt romney are back on the campaign trail, but still debating taxes. >> susie: i'm susie gharib. the feds launch one of the largest crackdowns on medicare fraud. $430 million in scams leads to arrests from coast to coast. >> tom: and we'll introduce you to a company hoping to become the mcdonald's for healthy eaters. >> susie: that and more tonight on nbr! >> tom: it was right back to the campaign trail today for president obama and mitt romney. the president went on the attack after what's been perceived as a lackluster debate performance. and the president accused governor romney of not telling americans the truth about what president obama calls romney's $5 trillion tax plan. darren gersh, tonight, looks at what the real impact of the romney tax plan could be on the american economy. >> reporter: here's where the president gets that $5 trillion number he used again today. governor romney's plan to cut tax rates by 20% would add up to about $5 trillion over ten years, assuming no other
PBS
Sep 28, 2012 10:00pm PDT
of growth and prosperity and strength. >> woodruff: today at a campaign event in washington, president obama shared a message of what he called "economic patriotism" tied to a strong middle class. >> but our problems can be solved, our challenges can be met. we've still got the workers in the world, the best universities, the best scientists, the best... we got the best stuff. ( laughter ) we just got to bring it together. >> woodruff: consumer confidence is higher of late, and the president may be getting a boost from voter attitudes. an nbc news/"wall street journal" poll out last week found 42% of americans think the economy will improve in the next year. that's six points higher than a month ago. 18% say the economy will worsen, and almost a third expect it to stay the same. the obama campaign is also pointing to some revised job numbers to make its case. the u.s. bureau of labor statistics said yesterday there were nearly 400,000 more jobs created in the previous year that ended in march. that would mean that there are a higher number of jobs than when president obama took office. but t
PBS
Oct 2, 2012 4:30pm PDT
&p; it's up about a point. >> reporter: i'm darren gersh. still ahead, both mitt romney and barack obama want to put more americans back to work. but is job training the right answer? we'll take a look. >> tomsix months before e credit crunch hit full force, j.p. morgan bought failing investment bank bear stearns. that was in 2007. now, j.p. morgan faces a lawsuit, claiming it inherited massive fraud on the part of the company it purchased. the civil lawsuit alleges systemic fraud with the packaging and sale of mortgage- backed securities by bear stearns before it was taken over by j.p. morgan. the bank says it intends to fight the case. eric schneiderman is the attorney general of new york. >> eric, you represent the people of new york state. what did your citizens lose in the deals thaw are accused of being fraudulent? >> new yorkers, like people all over the united states bought shares in mortgage backed securities, pension funds invested in them. people bought homes baseed on what they thought was the realistic value of the housing market. we've learned that the housing bubble, sxlt
PBS
Oct 5, 2012 11:00pm PDT
of the obama administration not to deal with the housing crisis as part of the financial collapse. >> very much so but you have to remember he inherited the problem. bush hadn't even talked about it. obama said let's do something. but then what they proposed was simply inadequate. >> rose: was it because they focused on the financial sector at the exclusion of the housing issue? >> basically, basically. part of it was they were worried at the time that the kinds of things you needed to do. restructure the mortgage, write down the mortgages, would weaken the banking system. and they were more focused on helping the bankers than homeowners. you know, ode citizens. and i think that was a big mistake. >> rose: when you look at 2008 and the decisions made first by the bush administration, paulson, bernanke, geithner and later decisions by the president, summers and geithner and others or bernanke, were the right decisions at the time to deal with the financial crisis to avoid going over into some abyss? >> they prevented us from going into the abyss, i think that's right. >> rose: so what they did w
Search Results 0 to 4 of about 5 (some duplicates have been removed)